Upper Arlington, OH
Commercial Real Estate Market Trends & Data

$238 Avg asking sale price
$538 Avg asking lease rate
4,937 SF Avg unit lease size
28,631 SF Avg building size for sale
8.29% Average cap rate

Upper Arlington's Demographic Profile

Upper Arlington has 13,749 households and a median income of $138,412, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 35,809
# Households 13,749
Median age 42
Median household income $138,412
Avg household size 3.0
Renter-occupied housing units 2,716
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Upper Arlington, OH

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Upper Arlington $235 38,229 SF 9.80%
Hilliard $256 24,083 SF 8.50%
Columbus $187 40,372 SF 9.80%
Nearby Retail Markets Avg Cost/SF Typical Size
Upper Arlington $260 8,319 SF
Grandview Heights $292 4,616 SF
Hilliard $232 19,416 SF
Worthington $471 8,249 SF
Columbus $291 16,583 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Columbus $204 21,370 SF 7.48%
Delaware $77 9,086 SF 6.74%

Commercial Properties For Sale in Upper Arlington

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Lennox Office Building

Columbus, OH 43212

  • 29,000 SF Office Building
  • $5,800,000
For Sale

2990 Bethel Rd

Columbus, OH 43220

  • 15,913 SF Retail Building
  • $2,100,000
For Sale

2055-2081 Riverside Dr

Upper Arlington, OH 43221

  • 3,415 SF Retail Building
  • $2,250,000
For Sale

921 Chatham Ln

Columbus, OH 43221

  • 53,265 SF Office Building
  • 9.80% Cap Rate
  • $4,300,000
For Sale

The Edington

Columbus, OH 43212

  • 48,075 SF Multifamily
  • $610,080 - $1,519,000
For Sale

2100 Stella Ct

Columbus, OH 43215

  • 51,089 SF Office Building
  • $2,550,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Upper Arlington pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Upper Arlington $238 28,631 SF
Grandview Heights $246 12,267 SF
Hilliard $306 20,398 SF
Worthington $379 54,407 SF
Columbus $222 28,043 SF

Multifamily Properties For Sale in Upper Arlington

For Sale

The Edington

Columbus, OH 43212

  • 48,075 SF Multifamily
  • $610,080 - $1,519,000

Regional Demographic Comparison

This comparison places Upper Arlington alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Upper Arlington or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Grandview Heights 8,527 4,119 36 $99,177 2 2,068 2%
Hilliard 35,651 13,928 38 $102,660 3 5,235 -1%
Worthington 14,066 5,586 44 $117,017 2 1,072 -1%
Columbus 898,617 378,219 35 $60,250 2 218,134 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Upper Arlington, OH and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Upper Arlington

View All Commercial Real Estate For Sale in Upper Arlington
Is Upper Arlington a good market for a first-time commercial real estate investor?

Upper Arlington offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Upper Arlington?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Upper Arlington. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Upper Arlington?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Upper Arlington. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Upper Arlington compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Upper Arlington. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Upper Arlington acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Upper Arlington, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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